Pivot: 4150.00
Our preference: short positions below 4150.00 with targets at 4050.00 & 4005.00 in extension.
Alternative scenario: above 4150.00 look for further upside with 4195.00 & 4245.00 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
4245.00
4195.00
4150.00
4103.48 Last
4050.00
4005.00
3970.00
Make sure to follow us for daily market analysis and trading tips. Let’s turn knowledge into profit together! 💰💹